Latest news with #BungeGlobal
Yahoo
15-05-2025
- Business
- Yahoo
Bunge Global's (NYSE:BG) Shareholders Have More To Worry About Than Only Soft Earnings
A lackluster earnings announcement from Bunge Global SA (NYSE:BG) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings. Our free stock report includes 3 warning signs investors should be aware of before investing in Bunge Global. Read for free now. For anyone who wants to understand Bunge Global's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from US$313m worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. Which is hardly surprising, given the name. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Bunge Global's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that Bunge Global's statutory profits are better than its underlying earnings power. In further bad news, its earnings per share decreased in the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 3 warning signs for Bunge Global you should know about. Today we've zoomed in on a single data point to better understand the nature of Bunge Global's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
07-05-2025
- Business
- Yahoo
BG Q1 Earnings Beat, Revenues Down Y
Bunge Global SA BG reported first-quarter 2025 adjusted earnings of $1.81 per share, which beat the Zacks Consensus Estimate of $1.27 by a margin of 42.5%. The bottom line, however, marked a 40.5% year-over-year plunge due to weak results across its segments. Including one-time items, the company posted earnings per share of $1.48 compared with $1.68 in the year-ago quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Bunge Global SA Price, Consensus and EPS Surprise Bunge Global SA Price, Consensus and EPS Surprise Bunge Global SA price-consensus-eps-surprise-chart | Bunge Global SA Quote Bunge Global's net sales were $11.6 billion, down 13% from the year-ago quarter. The top line also missed the Zacks Consensus Estimate of $12.8 billion. Bunge Global's Cost & Margin Performances in Q1 The cost of sales was $11 billion, down 12% from the prior-year quarter. Gross profit plunged 32% year over year to $597 million. Selling and administrative expenses were $380 million, down 13% year over year. Bunge Global reported an operating profit of $328 million, which marked a 24% decline from $433 million in the year-ago quarter. Adjusted total segment operating profit slumped 46% year over year to $362 million. Total segment operating margin contracted 190 basis points to 3.1% from the first quarter of 2024. BG's Segmental Performances in Q1 Agribusiness: The segment's sales declined 16% year over year to $8.2 billion. Volumes were 18,277 thousand metric tons compared with 20,192 thousand metric tons in the year-ago quarter. Adjusted operating profit for the segment declined 45% year over year to $268 million due to lower results in both merchandising and processing. The merchandising business' adjusted operating profit was $61 million, marking a 19.7% decline from the year-ago quarter as improved performance in global grains and financial services business was more than offset by lower results in ocean freight. The processing business' adjusted operating profit plunged 50% year over year to $207 million. Higher results in Brazil, Europe and Asia soy crush value chains were offset by weaker results in North America, Argentina and European softseeds. Refined & Specialty Oils: The segment's sales fell 4.6% year over year to $3.1 billion. Volumes were 2,130 thousand metric tons compared with 2,195 thousand metric tons in the year-ago quarter. The segment reported an adjusted operating profit of $123 million, a 39.7% drop from the year-ago quarter's $204 million. This was attributed to lower results across all regions, barring Asia. Milling: The segment's sales decreased 2% year over year to $375 million. Volumes were up 2.7% year over year to 898 thousand metric tons. The segment reported an adjusted operating profit of $15 million, marking a 46% decline from the first quarter of 2024. Improved results in North America were offset by lower results in South America.
Yahoo
26-03-2025
- Business
- Yahoo
BG Inks Deal to Sell European Margarines and Spreads Business
Bunge Global SA BG announced that it has entered into an agreement to sell its European margarines and spreads business to Vandemoortele. This strategic move aims to streamline BG's portfolio. It also aligns with Bunge Global's focus on maintaining global leadership in integrated value chains in oilseeds and grains, as well as in connected oils, emulsifiers and proteins B2B ingredients businesses. The sale includes Bunge Global's portfolio of 20 consumer brands and manufacturing facilities for spreads and margarine in Germany, Finland, Poland and Hungary. The buyer, Vandemoortele, is a family-owned food group in Europe with a strong presence in margarines and plant-based oils & fats. The completion of the sale, however, remains subject to customary closing conditions, including regulatory approvals. In October 2024, Bunge Global sold its Sugar and Bioenergy segment, which primarily comprised its 50% interest in the BP Bunge Bioenergia joint venture. This marked the company's exit from the bioenergy and sugarcane ethanol business in Brazil. This divestiture was also carried out to shift its focus back to its core operations. Bunge Global reported adjusted earnings of $9.19 per share in 2024, which missed the Zacks Consensus Estimate of $9.35. Earnings were 33% lower than the prior year. The bottom line also fell short of the company's projected adjusted earnings per share of 'at least $9.25' for 2024. Total revenues fell 11% year over year to $53.1 billion, which fell short of the Zacks Consensus Estimate of $52.37 billion. The company projects adjusted earnings per share of $7.75 in 2025, indicating a 15.7% year-over-year decline. The Agribusiness segment is expected to witness a year-over-year decline due to lower results in Processing. The company expects improved results in South America to be offset by lower results in North America and European softseeds. Results in Merchandising will be down slightly from last year. The Refined and Specialty Oils segment's full-year results are also anticipated to be down from 2024, reflecting a more balanced supply and demand environment in North America. The Milling segment is expected to deliver an improvement in results. Shares of Bunge Global have lost 26.4% over the past year compared with the industry's 13.0% decline. Image Source: Zacks Investment Research Bunge Global currently carries a Zacks Rank #4 (Sell). Better-ranked stocks in the basic materials space are Axalta Coating Systems Ltd. AXTA, Carpenter Technology CRS and Silvercorp Metals SVM. AXTA currently sports a Zacks Rank #1 (Strong Buy) while CRS and SVM carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Axalta Coating Systems' fiscal 2025 earnings indicates year-over-year growth of 8.5%. The company beat the consensus estimate in each of the trailing four quarters, delivering an earnings surprise of roughly 16.3%, on average. AXTA's shares have gained 2.2% over the past year. The consensus estimate for Carpenter Technology's fiscal 2025 earnings implies year-over-year growth of 46.6%. CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.7%. The company's shares have soared 185% in the past year. Silvercorp beat the consensus estimate in three of the last four quarters and was in line once, with the average earnings surprise being 11.5%. The Zacks Consensus Estimate for the company's current fiscal-year earnings indicates year-over-year growth of 68.2%. SVM has gained around 33% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bunge Global SA (BG) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Silvercorp Metals Inc. (SVM) : Free Stock Analysis Report Axalta Coating Systems Ltd. (AXTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
05-02-2025
- Business
- Yahoo
Bunge Global (BG) Lags Q4 Earnings Estimates
Bunge Global (BG) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $3.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.39%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $2.18 per share when it actually produced earnings of $2.29, delivering a surprise of 5.05%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Bunge Global , which belongs to the Zacks Agriculture - Products industry, posted revenues of $13.54 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.80%. This compares to year-ago revenues of $14.94 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bunge Global shares have lost about 3.5% since the beginning of the year versus the S&P 500's gain of 2.7%. While Bunge Global has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bunge Global: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.28 on $13.44 billion in revenues for the coming quarter and $8.98 on $52.81 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Agriculture - Products is currently in the bottom 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Hydrofarm Holdings Group, Inc. (HYFM), is yet to report results for the quarter ended December 2024. This company is expected to post quarterly loss of $0.28 per share in its upcoming report, which represents a year-over-year change of -3.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Hydrofarm Holdings Group, Inc.'s revenues are expected to be $41 million, down 13.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bunge Global SA (BG) : Free Stock Analysis Report Hydrofarm Holdings Group, Inc. (HYFM) : Free Stock Analysis Report To read this article on click here. Zacks Investment Research
Reuters
05-02-2025
- Business
- Reuters
Bunge misses fourth-quarter profit estimates
Feb 5 (Reuters) - Bunge Global (BG.N), opens new tab missed Wall Street's expectations for fourth-quarter profit on Wednesday, after a global glut in crop prices took a hit on the grain trader's margins. Shares of the company fell 3.4% before the bell. Corn, soybean and wheat prices hit four-year lows in 2024 as global stocks ballooned to multi-year highs, whittling down margins for agribusinesses. Bunge and its peers make money by processing, trading and shipping crops around the world. On Tuesday, rival Archer-Daniels-Midland (ADM.N), opens new tab narrowly missed expectations for quarterly profit amid a slowdown in demand for staple crops. Bunge's agribusiness segment, which represents over 80% of its total revenue, saw adjusted core earnings decline to $364 million in the fourth quarter from $639 million a year earlier. Gross profit at its Refined and Specialty Oils segment fell 19.5% to $275 million in the fourth quarter. Bunge forecast adjusted earnings to be $7.75 per share in 2025, missing analysts' expectations of $8.71. The Missouri-based company posted an adjusted profit of $2.13 per share in the fourth quarter, compared with analysts' estimates of $2.24 according to data compiled by LSEG. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.
